All forms of benchmarking are best applied in situations where long-term continuous improvement is desired

Indicate whether the statement is true or false

TRUE

Business

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Average sales per store, sales per square foot of selling space, and inventory turnover are examples of retail _____

a. return on net worth performance ratios b. non-key business ratios c. inventory management ratios d. performance measures

Business

In a linear programming formulation of a transportation model, each of the possible combinations of supply and demand locations is a(n) ________

Fill in the blank with correct word.

Business